Russia-related General License 8K - Authorizing Transactions Related to Energy [PDF includes all versions]

Date issued: Oct. 30 2024

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (428 words)

[6-12-24 update : GL amended on 6-12-24 to add "National Clearing Center (NCC)" to the list of entities under paragraph (a), and again on 10-30-24 to extend the expiration date. The below has not been amended since 6-12-24.]
--
Notes:

1) Refer to comments to the following relevant FAQs: FAQ # 976, FAQ # 977, FAQ # 978, FAQ # 967, FAQ # 974, FAQ # 1010, FAQ # 1011 and FAQ # 1012.

2) Query: is the scope of the GL limited to transactions where the banks listed would process underlying authorized transactions, or also transactions in which, for example, the banks are investors in covered projects?

3) GL amended on 2-28-2022 to (i) add the reference to (i) add...